Avon Protection (LON:AVON) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Avon Protection plc (LON:AVON)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,903 and traded as low as GBX 1,778. Avon Protection shares last traded at GBX 1,792.14, with a volume of 72,129 shares trading hands.

Wall Street Analysts Forecast Growth

AVON has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Avon Protection from GBX 1,640 to GBX 2,000 and gave the stock a “hold” rating in a report on Friday, November 28th. Jefferies Financial Group cut their target price on shares of Avon Protection from GBX 2,400 to GBX 2,330 and set a “buy” rating for the company in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 2,165.

Avon Protection Price Performance

The firm has a market capitalization of £528.81 million, a P/E ratio of 53.69, a PEG ratio of 1.85 and a beta of 0.35. The business’s 50-day simple moving average is GBX 1,818.96 and its 200 day simple moving average is GBX 1,903. The company has a quick ratio of 0.85, a current ratio of 2.27 and a debt-to-equity ratio of 47.69.

Insider Buying and Selling at Avon Protection

In related news, insider Rich Cashin sold 12,495 shares of Avon Protection stock in a transaction on Monday, December 22nd. The shares were sold at an average price of GBX 1,799, for a total value of £224,785.05. Also, insider Jos Sclater sold 21,391 shares of the business’s stock in a transaction on Monday, January 19th. The stock was sold at an average price of GBX 1,997, for a total transaction of £427,178.27. In the last ninety days, insiders have purchased 51 shares of company stock worth $90,085. 1.96% of the stock is owned by insiders.

About Avon Protection